GPEC FY 25

The Town of Fountain Hills has entered into an agreement with the Greater Phoenix Economic Council (GPEC) for regional economic development services. The agreement is for the fiscal year July 1, 2024 - June 30, 2025, and the Town will pay GPEC $11,790 for services. The agreement outlines the responsibilities of both parties, including GPEC's mission to attract and grow quality businesses and advocate for Greater Phoenix's competitiveness. The Town will provide staff support to GPEC's economic development efforts and recognize GPEC as the Town's officially designated regional economic development organization. Some key points of the agreement include: • GPEC's mission to attract and grow quality businesses and advocate for Greater Phoenix's competitiveness • The Town's responsibility to provide staff support to GPEC's economic development efforts • GPEC's responsibility to provide regional economic development services to the Town • The payment of $11,790 by the Town to GPEC for services • The recognition of GPEC as the Town's officially designated regional economic development organization The agreement also outlines the terms and conditions of the contract, including the duration, payment terms, and termination provisions.